ENERGIA LIMPIA XXI. EDP Renewables (Euronext: EDPR), a global leader in the renewable energy sector and one of the largest wind energy producers in the world, announced today that the company was awarded 20-year Contract-for-Difference (“CfD”) at the Italian wind auction to sell electricity to be produced by 2 wind farms with total capacity of 54 MW. The wind farm projects are expected to be installed in 2021.
The capacity awarded represents more than 10% of the total capacity auctioned and has an average awarded price of €63/MWh. A report carried by Energía Limpia XXI states that through these new contracts EDPR has already secured ~1.3 GW of projects to be installed in Europe under the 2019-2022 Business Plan.
Wind energy is an essential part of the global energy transition, allowing market’s rapid growth and increase competitiveness. As of today, EDPR has secured 84% of the ~7.0 GW targeted wind…
View original post 26 more words